PARIS (Reuters) – The operator of shopping centers Unibail-Rodamco-Westfield (URW) announced on Wednesday that it wanted to reintroduce a “sustainable” dividend from the 2023 financial year and intends to return in 2024 to its performance levels before the coronavirus pandemic in its European operations.
On the occasion of an investor day, the group indicated in a press release confirming its objective of adjusted earnings per share (Areps) of between 8.20 and 8.40 euros in 2022.
“URW will reinstate a sustainable dividend from fiscal year 2023 in line with the company’s disciplined capital allocation strategy,” the operator said.
(Written by Matthieu Protard)
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